United Microelectronics (NYSE:UMC) Shares Gap Up to $8.96
United Microelectronics Co. (NYSE:UMC)’s share price gapped up prior to trading on Thursday . The stock had previously closed at $8.96, but opened at $9.36. United Microelectronics shares last traded at $9.51, with a volume of 25,040 shares changing hands.
The company has a market cap of $22.25 billion, a PE ratio of 31.70 and a beta of 0.99. The stock’s 50 day moving average price is $9.10 and its 200-day moving average price is $7.73. The company has a debt-to-equity ratio of 0.22, a quick ratio of 2.38 and a current ratio of 2.76.
United Microelectronics (NYSE:UMC) last announced its quarterly earnings data on Wednesday, January 27th. The semiconductor company reported $0.16 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.08 by $0.08. United Microelectronics had a net margin of 12.68% and a return on equity of 10.44%. The company had revenue of $45.30 billion during the quarter, compared to analysts’ expectations of $45.24 billion. During the same quarter in the prior year, the company earned $0.33 EPS. The firm’s revenue was up 8.2% on a year-over-year basis.
United Microelectronics Company Profile (NYSE:UMC)
United Microelectronics Corporation operates as a semiconductor wafer foundry in Taiwan, Singapore, China, Hong Kong, Japan, the United States, Europe, and internationally. The company operates through Wafer Fabrication and New Business segments. It provides circuit design, mask tooling, wafer fabrication, and assembly and testing services.
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